NEWS

NTN to Supply In-Wheel Motors to China EV Startup

4/19/2018

NTN Corp. will supply in-vehicle motors to China’s Changchun Fawsn Auto Tech (FSAT) for an electric vehicle the startup plans to launch next year, The Nikkei reports.

Brabham Supercar to Get 700-hp V-8

4/19/2018

England’s newly formed Brabham Automotive Ltd.’s new BT62 hypercar will be powered by a naturally aspirated 5.4-liter V-8 that makes 700 hp.

Report: Daimler Could Take Tiny Stake in Volvo Cars

4/19/2018

Daimler AG may agree to supply engines to Volvo Car Corp. and could even buy a small amount of equity in the company, Manager Magazin opines.

BMW Touts Next-Gen Digital Display

4/19/2018

BMW AG says its new digital display system is easier to use and allows for greater customization than its current system.

U.S. Senate Votes to Drop Rule on Auto-Lending Margins

4/19/2018

The U.S. Senate has narrowly agreed to drop a rule that capped auto dealer margins on indirect retail loans.

Infiniti Aims to Triple China Sales in 5 Years

4/19/2018

Nissan Motor Co.’s Infiniti luxury brand aims to more than triple its annual sales in China to 150,000 within five years.

Critics Want Tesla to Justify Safety Claims for Autopilot

4/19/2018

Safety group are pushing Tesla Inc. to justify its claim that its semi-autonomous-driving system makes its electric cars 40% safer, notes Automotive News.

Toyota to Unveil Its First Plug-in Hybrids for China

4/19/2018

Toyota Motor Corp. says it will use next week’s Beijing auto show to debut two plug-in hybrid models for the Chinese market.

Last Co-Founder of Otto Robotic-Truck Unit Leaves Uber

4/19/2018

All four co-founders of Otto, the self-driving-truck company acquired by Uber Technologies Inc. in 2016, have left the ride-hailing service.

IMF Urges Government Action on Debt

4/19/2018

The International Monetary Fund says governments should take decisive action now to reduce their debt-to-GDP ratio.